5 Keys to Setting the Right Asking Price for Your Shadow Cliff Home

5 Keys to Setting the Right Asking Price for Your Shadow Cliff Home

Pricing your home appropriately from the beginning is critical to attracting buyers looking for homes for sale in Shadow Cliff Pleasanton. To get the right price, you need to evaluate your home objectively and consider market conditions. Read on for some tips on how to set the right asking price for your home. 

1. Put yourselves in the shoes of buyers

As a seller, it is normal to feel emotional over your home because it has sentimental value. However, the memories that your home holds are yours and should not affect the market price. This is where you have to place yourself in the shoes of a buyer. Prepare to be rational and think like a buyer. Look at your house from a group of Shadow Cliff Pleasanton homes for sale. Imagine which one you’d purchase if you were looking at them from the outside point of view.

2. Know the truth about comparables

What’s your home worth in Shadow Cliff? Well, it is worth what someone will pay for it. This will likely be the same as what they have paid for similar homes in the recent past. Most surely, buyers will visit other properties, and you should, too. Knowing the competition will help you price your home accurately. At the same time, looking at comparables on your market will give you an idea of what houses in your neighbourhood don’t sell for.

3. Work out a contingency plan before selling

Sellers usually have high expectations about their home’s appeal and most of them ask top dollar for their property. However, before putting your home on the market, it is always better to work out a contingency plan with your real estate agent. Have a plan B just in case your home doesn’t go for the desired price. Having a contingency plan will save you time and help you avoid unpleasant surprises down the road.

4. Don’t get too creative with your price

There are instances when sellers want to get creative with their asking price. However, if your home’s value is between $750k and $850k, there is no good reason why you should price your home at $787,777. Such an oddly specific figure will make buyers wonder why you chose that figure. Then the buyers will get curious about who the seller is, and so on. Remember that the goal is to showcase the property and not the seller. In fact, experts would say that it is best to keep the seller far in the background.

5. Appeal to the herd mentality

No buyer will want to be the only one interested in a property since real estate has high stakes. That is why you should price your home on the lower end of the value range. Doing so will help you stimulate interest among more than one buyer and create a herd mentality. This would also be a good option if you are under pressure to sell quickly. 

Check out http://www.HomeValuesPleasanton.com for more home selling ideas, and for a free market evaluation of your home in Shadow Cliff.

If you are looking for a Pleasanton luxury REALTOR® who can help you sell or buy your dream luxury home, call me, Rhonda Fee, at 925-200-0827. You can also text 925-660-7110 with any of these codes: seller411, buyer411 or homesearch. With my extensive experience and knowledge of the Pleasanton luxury real estate market, combined with a track record of satisfied clients, your next transaction will be the best move you’ve ever made!